The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
500 jobs Number of planned job losses
Announcement Date
23 May 2005
Employment effect (start)
1 January 2006
Foreseen end date
Description
Recent ruling of the constitutional court that illegalizes operation of a majority of merchandise stores on Sundays (the decision is to take effect with the beginning of 2006) might cause 1000 salesmen loosing their jobs throughout the country. Mercator, the biggest retailing chain alone predicts 500 jobs lost as the company accommodates the legal adjustment. Sunday has become a major selling day for local mall operating merchants since 1990s. The trade unions have been firmly supportive of the court decision.
Sources
23 May 2005: Finance
Citation
Eurofound (2005), Mercator, Other in Slovenia, factsheet number 61619, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61619.
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